Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
SADAFCO Launches Solar Power Project in Riyadh in line with the Kingdom’s Vision for 2030 and creating new employment opportunities
Saudia Dairy and Foodstuff Company (SADAFCO) has commenced operations of the new solar project that comes in line with the Kingdom’s 2030 vision for renewable energy, offering new employment opportunities and creates economic diversification. “The new 2 SAR million solar power project at our Riyadh Regional Distribution Centre (RDC) is utilizing a photovoltaic (PV)-diesel hybrid […]
SWIFT Supports the Syrian Arab Association for SOS Children’s Villages
SWIFT, a global provider of secure financial messaging services, announced today that it is supporting the Syrian Arab Association for SOS Children’s Villages as part of its Corporate Social Responsibility at the first Business Forum UAE. The Forum, which was held in Abu Dhabi this week, brought together over 160 senior representatives from the financial […]
Expo 2 020 Dubai Gives SMEs Opportunity to Take Big Share of 70 Product Licences in Giant Tender Offering
Expo 2020 Dubai unveiled plans to appoint 70 official licensees for a range of official retail products from next year, with around a third targeted at small or medium sized enterprises (SMEs). The mega event will accept tenders for more than 5,000 unique products that will be sold at a dedicated 3,000 square-metre ‘Superstore of […]
Dubai Supreme Council of Energy Along with Etihad ESCO and TAQATI Conduct Workshop for Energy Users
The Dubai Supreme Council of Energy (DSCE) in association with Etihad ESCO, and TAQATI held a workshop for Energy Users, reflecting on the progress and performance of Directive 1 of 2015. The workshop also looked at building-level energy audits, and discussed ways to accelerate project implementation and how to successfully overcome obstacles. The Directive issued […]
Global Summit of Women Speakers of Parliament 2016 Concludes in UAE Capital
The second edition of the Global Summit of Women Speakers of Parliament (GSWS 2016), hosted by the UAE Federal National Council in collaboration with the Inter-Parliamentary Union, under the theme ‘United for Shaping the Future’, concluded in the UAE capital city of Abu Dhabi today. The event witnessed the participation of thirty-four high-profile global women […]
More than 100 delegates gather in Jeddah for Deutsche Bank’s Global and Regional Investment Perspectives 2017 Conference
Deutsche Bank’s 2017 Market Outlook conference, titled “Global and Regional Investment Perspectives 2017”, the third event of its kind for Deutsche Bank in Saudi Arabia, opened yesterday at the Park Hyatt Hotel in Jeddah-Marina. The single day (December 13) conference explored pressing macro issues affecting economies, capital markets, companies, family offices and individual investors around […]
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2016 Technology Price Index
Latin America’s leading eCommerce platform Linio.com have released the 2016-17 Technology Price Index comparing the cost of 14 popular electronic devices and brands, across 72 countries. With Christmas shopping season already in full swing, Linio undertook the research to better understand the global economic trends in the price of electronics. The Technology Price Index takes […]
Lamps4U FZCO and Dulsco Partner for a Recycle Initiative
Lamps4U FZCO a UAE based manufacturer and distributor of energy efficient and environment friendly lighting products and fittings partners with Dulsco for their Lampswithbenefit initiative. ‘Lampswithbenfits’ is a programme that offers an environmentally Safe solution for disposal of spent lamps. This programme is designed to collect spent lamps to avoid the emission of harmful ‘mercury […]
In Store Purchases Make Over 90% Retail Transactions
According to A.T. Kearney, a leading global management consulting firm, over 90% of purchases are still done in stores in this era of e-commerce. That means malls in the region are bustling with local and visiting shoppers buying for the holiday season, and to manage this shopper rush, regional retailers are increasingly turning to technologies […]
ZonesCorp Joins Abu Dhabi Food Security Alliance
As part of ZonesCorp’s efforts to help improve food security and diversify the economy within the Emirate of Abu Dhabi, ZonesCorp joined the Abu Dhabi Food Security Alliance at the SIAL ME exhibition last week. ZonesCorp is planning to support the Alliance by encouraging local agriculture and livestock farming with a series of initiatives that […]
Owner/Operator Program – A Pathway for Permanent Residency of Canada for Business Persons & Investors
Canada is a sought-after destination for investors, business persons and senior management professionals. Pulsating economy, high employment rate, relaxed immigration rules, faster visa processing are just some of the features of Canadian immigration. For all those who are looking to settle down and invest in Canada have the excellent lifetime opportunity to invest in some […]
Al khaliji adds two more coveted titles to its Banker Middle East
Al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next-generation bank, has been recognized for having the ‘Best Premium Bank Service’ and the ‘Best Private Bank Service’ from CPI Financial’s prestigious magazine, adding two more coveted titles to the awards the bank has received from the ‘Banker Middle East in the 2016 year. On claiming the ‘Best Premium Bank Service’ title, […]
Shapoorji Pallonji Commences Construction of First Real Estate Project in the Middle East
Following its recent announcement of Imperial Avenue, leading Indian Engineering and Construction group Shapoorji Pallonji (SP) International Property Developers, today announced its plans to commence the construction of the project at the site located in Downtown Dubai. A testament of the company’s long-term commitment to the real estate market in the region, this $350M project […]
BravoSolution Confirmed as Knowledge partners at Blue Ocean’s 5th Annual Procurement & Supply Chain Conference
leading management training and consulting firm Blue Ocean Academy have announced strategic procurement company BravoSolution as headline sponsors at their 5th Annual Procurement & Supply Chain Conference in Riyadh Saudi Arabia. The one-day conference will bring together heads of Supply Chain and Procurement from across the Middle East, to analyze contemporary trends and pave the […]
Sage ‘Advice Roadshow’ to discuss SMAC in Saudi Arabia
Sage, the market and technology leader for integrated accounting, payroll and payment systems, together with distribution partner Josor, will hold a luncheon discussion on the role of SMAC (social, mobile, analytics, and cloud) technologies in business innovation across Saudi Arabia. The events will take place in Riyadh, Jeddah and Al Khobar and will include a […]
Savant Data Systems empowers retail experience with advanced shopping solutions
Sàvant Data Systems (SDS), a leading retail intelligence provider for UAE’s retail, shopping, banking and commercial sectors, partners with Dubai-based shopping and retail conglomerate Aswaaq to better the retail experience of shoppers in the UAE through intelligent and innovative shopping solutions. The SDS and Aswaaq partnership will implement various technology integrated systems including People Counting […]
SEDCO Holding Maintains 8th Best Workplace in Kingdom for a Second Year in a Raw
For the second consecutive year, SEDCO Holding maintained its top ranking among Saudi Arabia’s best 10 workplaces, and earned the eighth place, according to the Great Place to Work Institute 2016 list. This success was mainly due to the company’s talent development programmes, positive and transparent corporate culture; and employee recognisation which enhances work-life effectiveness. […]
TechAccess Hosts Business Development Session with Fujitsu partner ISYX
TechAccess, the leading value added distributor in the Middle East, North Africa, LEVANT, Pakistan and Afghanistan is demonstrating its commitment to Fujitsu by engaging with partners on an individual basis. The VAD hosted a business development session with ISYX, a Fujitsu partner for the Gulf region. The session was attended by more than 30 members […]
Empower goes green by implementing E-Bills
In line with Dubai Smart Vision and keeping up with the long-term ‘A Green Economy for Sustainable Development’ national initiative, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, will stop issuing printed paper bills for all its 65,000 customers as of this month (December 2016). “This step comes out from […]
SAP and TIEC Launch Global Start-up Focus Program for Technology Start-ups
7 December 2016 – Technology company SAP and the Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) have launched the SAP Startup Focus Program in Egypt with the first ever Startup Focus Event. Demonstrating strong growth, ICT is set to boost Egypt’s GDP. A major driver is e-commerce, which […]
HID Global Acquires Bluvision to Expand with Bluetooth Solutions for the Enterprise Internet of Things Market
HID Global®, a worldwide leader in trusted identity solutions, today announced that it has acquired Bluvision, a leading Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The acquisition transaction closed today. Financial terms are not being disclosed. Bluvision is a complete IoT ecosystem provider, offering real-time location system technology, presence […]
Ooredoo Marks Tens Years of Qatar Data Centre Innovation
Senior executives, major customers, VIPs from across Qatar and leading technology experts have attended a major ceremony at Ooredoo’s Qatar Data Centre to mark ten years of operations.Officially launched in 2006, the Qatar Data Centre was the first facility in Qatar to offer businesses a full suite of enterprise services, evolving into one of the […]